Overview
THE ROLE:
The Tax Accountant Senior will be an integral part of the operations team within the Herbalife tax department. This role will support the monthly, quarterly and annual tax accounting close. This individual will play a meaningful role in the quarterly and annual worldwide tax provision consolidation and reporting process. The Senior will work on special projects with members of the tax department to build efficiencies within the Company’s tax processes and to identify and implement strategies to realize tax savings.
WHAT’S SPECIAL ABOUT THE TEAM:
The tax provision team is part of a dynamic company with constantly evolving facts and transactions which requires detailed computations and regular research of issues to ensure accurate reporting of the income taxes. We work alongside the corporate and local accounting groups, FP&A, other tax colleagues (i.e. international, transfer pricing, compliance), as well as other departments to support the quarterlyfinancial statements. With Herbalife operating in almost 100 countries, we work on a mix of issues allowing for a well-rounded view of Herbalife as a company and an understanding of both global and domestic taxation and financial reporting. We’re an outstanding team and department working together to perform at the highest level for Herbalife and to support each other.
HOW YOU WOULD CONTRIBUTE:
- Support the quarterly consolidation of the income tax provision; including preparation of the global effective tax rate, reconciliation of the worldwide tax balance sheet accounts, including taxes payable, deferred taxes, and related valuation allowances for support and proper disclosure (including footnote review, jurisdictional netting, etc.).
- Assist with software implementations and bringing efficiencies to the processing of the provision and the reporting process.
- Provide quarterly tax accounting support for foreign subsidiaries; including review monthly US GAAP tax journal entries, review quarterly and annual US GAAP tax provision calculations, review annual tax provision to return analysis and related tax balance sheet true-ups, while supporting foreign finance managers, as needed.
- Monitor and document changes in income tax law, alongside the tax planning group, to ensure proper recognition and accounting under ASC 740.
- Prepare support documentation for internal control purposes for Sarbanes-Oxley compliance.
- Assist with the documentation surrounding income tax contingencies under ASC 740 and non-income tax contingencies under ASC 450.
- Perform additional duties and projects as assigned.
SUPERVISORY RESPONSIBILITIES:
Qualifications
SKILLS AND BACKGROUND REQUIRED TO BE SUCCESSFUL:
Skills
- Strong background in Corporate tax law, including both international and domestic concepts
- Strong written and verbal communication skills
- Strong analytical skills and project management skills
- Detail oriented with strong trouble-shooting and problem-solving skills.
- Great teammate who can work effectively across distances with global tax and finance team members.
- Demonstrated ability to motivate self to meet or exceed expectations and deadlines.
- Strong basis accounting (debit-credit and journal entry) skills
- Strong proficiency in Microsoft Office suite and tax-research software
- Experience with OneSource Tax Provision Software
- Experience with Alteryx or other data analytic software, preferred
- Experience with OneStream, Oracle ERP, and/or other ERP system, preferred
Experience:
- 4+ years of tax provision or compliance experience in both Big 4 and multinational corporate setting
Education:
- BA/BS in Accounting or Finance
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At Herbalife, we value doing what’s right. We are proud to be an equal opportunity employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected characteristic. We value diversity, strive for inclusivity, and believe the differences among our teammates is a key contributor to Herbalife’s ongoing success.
Herbalife offers a variety of benefits to eligible employees in the U.S. (limited to the 50 States and the District of Columbia), which includes Group Health Programs, other Voluntary Benefit Programs, and Paid Time Off. Group Health Programs include Medical, Dental, Vision, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Basic Life/AD&D; Short-Term and Long-Term Disability and an Employee Assistance Program (EAP).
Other Voluntary Benefit Programs include a 401(k) plan, Wellness Incentive Program, Employee Stock Purchase Plan (ESPP), Supplemental Life/Critical Illness/Hospitalization/Accident Insurance, and Pet Insurance. Paid time off includes Company-observed U.S. Holidays, Floating Holidays, Vacation, Sick Time, a Volunteer Program, Paid Maternity and Paternity Leave, Bereavement Leave, Personal Leave and time off for voting.
If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email your request to [email protected].
